HI FIREMED36,
Yes, you are right, but I am in Cali so I can get a couple of hours the most.
Yes, you are right, but I am in Cali so I can get a couple of hours the most.
Cable Update (GBPUSD)
- #59,744
- Mar 27, 2008 10:26pm Mar 27, 2008 10:26pm
I’m not the teacher here I’m also a student as you the difference is the level I’m in the mmm let me see I think the second level still 10 level more
Darkness lies one inch ahead..
- #59,746
- Mar 27, 2008 11:41pm Mar 27, 2008 11:41pm
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
I’m not the teacher here I’m also a student as you the difference is the level I’m in the mmm let me see I think the second level still 10 level more
"Master, I know the basic formula of Fibonacci, but I don't know what kind of parameter you use to plan the trend that almost 100% accurately ?"
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #59,747
- Mar 27, 2008 11:50pm Mar 27, 2008 11:50pm
Abuwad, I'm not sure if you saw my question yesterday but here it is again.
Your limits for yesterday were 0055 down and 0095 upwards. I thought this meant that you would short at 55 which was hit first?
So todays limits are 0045 down and 0085 up. Does this mean that you went short at 0045? And also a long trade would have been triggered at 0085, so you are hedging the short already taken?
I know you are being asked the same questions over and over but that must mean that you are not answering the questions my friend. It cannot mean that everyone else is stupid and doesn't understand.
Keep up the good work, you are a valuable contributor here, great analysis. I'm still not convinced like some of the others that you can take that many pips each day though without ever showing losses
Your limits for yesterday were 0055 down and 0095 upwards. I thought this meant that you would short at 55 which was hit first?
So todays limits are 0045 down and 0085 up. Does this mean that you went short at 0045? And also a long trade would have been triggered at 0085, so you are hedging the short already taken?
I know you are being asked the same questions over and over but that must mean that you are not answering the questions my friend. It cannot mean that everyone else is stupid and doesn't understand.
Keep up the good work, you are a valuable contributor here, great analysis. I'm still not convinced like some of the others that you can take that many pips each day though without ever showing losses
- #59,749
- Edited 12:30am Mar 28, 2008 12:02am | Edited 12:30am
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
Taking 85% of profit out is a good strategy, okay not going to hit the million as quick but how many lots can you trade at once honestly.
My plan is over £1000 GBP take out 50% of profit, none below not worth it.
But when the account gets to £10000 GBP ( and IF ofcourse ), then I'll likely take the account back to 10K every month, thats enough to trade $20-$30 per pip for me, why would I really want to trade higher.
( keep a slush fund to top up on down months to )
Might be worth sticking to 85% ish out, just to keep some account growth!! hmmmm.
Abuawad is really the best master for us. Now I can get more than 50 pips a day, compare than before where only maximun 20 pips a day. It is what we need here ! Share your experience here as what Abuawad done ! What he shared here is, easy to be followed, accurate result and construct the mind set ( for newbie) in a right way how to trade in the FOREX !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #59,751
- Mar 28, 2008 12:12am Mar 28, 2008 12:12am
- Joined May 2007 | Status: 2 + 2 = 5 | 1,031 Posts
USD Est Non Mortuus
My final post on bickering,bullshitting and apologies.
Firstly to all the followers of this thread. My sincerest apologies for the bickering here as a result of my first post. I was only trying to establish some facts.
To Salah K.
No need to apologise my friend, i expressed my views and you yours. By apologising it shows your good education and humility. These traits will serve you well in the future. The path to trading success is difficult but with the right attitude one could go far. I sincerely hope you make it and your journey is not long and painful.
To Abuawad.
Good luck and may you continue to make your hundreds of pips everyday. May you continue to catch every turn of the market perfectly(whilst having a full-time job). May you continue to trade 3 standard lots on a 10,000 usd account and claim good money management by risking 1%(implying your stoploss to be very very tight).
To Bones.
Good luck. I enjoy your posts. I enjoy your honesty. We all make mistakes and sadly as long as we trade we always will. Its human nature. However, your technical skills are very advanced, you post your trades live and take a loss like it should be taken. I will not post here again but i shall monitor yours and Salahs progress. Wishing you two and everybody else success and happiness.
Firstly to all the followers of this thread. My sincerest apologies for the bickering here as a result of my first post. I was only trying to establish some facts.
To Salah K.
No need to apologise my friend, i expressed my views and you yours. By apologising it shows your good education and humility. These traits will serve you well in the future. The path to trading success is difficult but with the right attitude one could go far. I sincerely hope you make it and your journey is not long and painful.
To Abuawad.
Good luck and may you continue to make your hundreds of pips everyday. May you continue to catch every turn of the market perfectly(whilst having a full-time job). May you continue to trade 3 standard lots on a 10,000 usd account and claim good money management by risking 1%(implying your stoploss to be very very tight).
To Bones.
Good luck. I enjoy your posts. I enjoy your honesty. We all make mistakes and sadly as long as we trade we always will. Its human nature. However, your technical skills are very advanced, you post your trades live and take a loss like it should be taken. I will not post here again but i shall monitor yours and Salahs progress. Wishing you two and everybody else success and happiness.
- #59,754
- Mar 28, 2008 3:11am Mar 28, 2008 3:11am
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #59,755
- Mar 28, 2008 3:30am Mar 28, 2008 3:30am
Although I disagree completely with 4hour charts being any use what so ever, 1 day charts recently have called some big moves with ease so 1day charts is part of my system again interestingly!!
The easily visible close off the highs yesterday was a easy sign of down today.
You sound like a clickbank affiliate trying to sell his 'secrets' for everybody (no offense).. Either share it, or keep it 'a secret'
{Promotion Removed}
- #59,756
- Mar 28, 2008 3:31am Mar 28, 2008 3:31am
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
100 pips short from 2.0083 - 1.9998 ( 85) and from 1.9964 - 1.9949 (15). And I'm out now for offline business ! 
Special thank for Abuawad !
Special thank for Abuawad !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #59,757
- Mar 28, 2008 3:41am Mar 28, 2008 3:41am
100 pips short from 2.0083 - 1.9998 ( 85) and from 1.9964 - 1.9949 (15). And I'm out now for offline business !
Special thank for Abuawad !
{Promotion Removed}
- #59,758
- Mar 28, 2008 3:44am Mar 28, 2008 3:44am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #59,760
- Mar 28, 2008 4:19am Mar 28, 2008 4:19am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member